Fayetteville State Operations And Supply Chain Management Assignment Help – Abbreviated

Question – Tribke Enterprises collected the following data from its financial reports for 2012:
Stock price $18.37
Inventory balance $300,000
Expenses (excluding COGS) $1,120,000
Shares outstanding 290,000
Average issue price of shares $5.00
Gross margin % 40%
Interest rate 8%
TIE ratio 8
Inventory turnover 12 x
Current ratio 1.5
Quick ratio .75
Fixed asset turnover 1.5

order now

Complete the following abbreviated financial statements, and calculate per share ratios indicated.
(Hint: Start by subtracting the formula for the quick ratio from that for the current ratio and equating
that to the numerical difference.)

Set up an income statement that includes revenue, COGS, GM, EBIT, EBT, and EAT. Set up a
balance sheet that includes Current ass …Read Moreets, Fixed assets, Total assets, current liabilities, long-term
debt, Equity (paid in capital*, and retained earnings), total equity, and total liabilities & equity.

*Paid-in capital = Common Stock + Paid-in Excess …Read Less

Are you overwhelmed by your class schedule and need help completing this assignment? You deserve the best professional and plagiarism-free writing services. Allow us to take the weight off your shoulders by clicking this button.

Get help